The Research Of Market Of The Investment Funds Runs And Development Problems Of China

Under the era background of finance globalization, it has been an important world trend to develop institutional investors in the financial market. Among them, the main institutional investor's investment funds have become more and more mature and perfect and also shown an accelerating development in resent years. After about 20 years of development, the Chinese MIF has become a beneficial complement of Chinese capital market and played an increasingly important role in the whole financial market operation as well as the financial and state- owned enterprise reforms, the realization of MIF's orderly operation and healthy development is an objective request and necessary choice of the Chinese security and whole capital market.Guided by the basic theories of economics and administration and combined with the concrete reality of MIF in china, the paper conducts intensive and systematic researches with the application of combinative analysis such as comprehensive and specialized analysis qualitative and quantitative analysis and instance and standarlized analysis.The paper starting with the analysis of MIF and its essence, nature and function, makes intensive and reasonable analysis of MIF in china.the paper also uses random walking theory to analyze the efficiency of Chinese MIF hasn't reached weak type effective. Reasons for lack of efficiency are factural analyzed and presented corresponding strategies. Later in this paper, risks in Chinese MIF are analyzed. With the help of supervised theory and capital assets theory, precautionary measures characterized by macro-supervision and micro-control are put forward.Finally, the paper sets out from the Chinese realities and establishes the MIF system with distinct Chinese features ,it also proposes Chinese MIF's Developing strategies and coping methods in the 21 st century.